Four-Unit Multifamily
For Sale
$820,000
Pending
101-4693 W Clinton Ave, Fresno, CA 93704
Multifamily property with varied unit layouts, private outdoor areas, attached garages, and in-unit laundry.
Property Size4,588 SF
Days on Market79
Property Features for 101-4693 W Clinton Ave
General Information
Standard status
Pending
Size
4,588 SF
Total Parking Spaces
4
Property subtype
Residential Income
Site & Location
Neighborhood
Fresno High-Roeding
Highway Access
Yes
Units
Unit Mix
2 x 3BR/2BA, 2 x 2BR/2BA
Multifamily Units
4
Amenities
laundry
gas fireplace
private backyard
Listing Agency:
Hoekstra & Associates Inc
(805) 839-8292
Listed By:
Jaime A. Martinez · License #01971583
(310) 849-1528
Source:
Exprealty
Added: Aug 17
Changed: Oct 26
Last Checked: Nov 3 at 11:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hoekstra & Associates Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,588-square-foot quadplex contains four residential units with a balanced mix of floor plans: two three-bedroom, two-bath units and two two-bedroom, two-bath units. Each residence includes laundry, a gas fireplace, an attached garage, and a private backyard, providing a consistent set of features across the property.
The property is positioned near Highway 99, local shopping, and Fresno Yosemite International Airport. Its four-unit configuration and range of bedroom counts support a diversified residential rental layout within a multifamily asset.
The property is positioned near Highway 99, local shopping, and Fresno Yosemite International Airport. Its four-unit configuration and range of bedroom counts support a diversified residential rental layout within a multifamily asset.
Key Highlights
- Four‑unit multifamily property totaling 4,588 square feet
- Unit mix includes (2) three bed / two bath and (2) two bed / two bath residences
- Every unit includes laundry, a gas fireplace, and an attached garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,092
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,840
$1.2M
Cap Rate 7%
$858,457
$858.5K
Cap Rate 9%
$667,689
$667.7K
Market Conditions
NOI Build-Up for 4,588 SF
Gross rent
$90.8K $19.80/SF
− Vacancy
−$5.0K −$1.09/SF
EGI
$85.8K $18.71/SF
− OpEx
−$25.8K −$5.61/SF
NOI
$60.1K $13.10/SF
Area
Fresno, CA
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,840
Cap Rate 7%
$858,457
Cap Rate 9%
$667,689
Alternative Uses
Best Use
Multifamily LT 5
$858.5K
$751.2K – $1.00M
NOI $60,092 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$752.0K
$658.0K – $877.4K
NOI $52,643 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$1.35M
$1.18M – $1.58M
NOI $94,641 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
562
Businesses Nearby
Explore this area
Business Placement
Demographics for 93704, CA
28,573
Population
12,165
Households
2.3
Avg Household Size
38
Median Age
35%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
5,291
Density / Sq Mi
$69,659
Median Household Income
$45,965
Median Earnings
$1,392
Median Rent
$366,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Multifamily property with varied unit layouts, private outdoor areas, attached garages, and in-unit laundry.
Where is this quadplex located?
The property is located at 101-4693 W Clinton Ave Fresno, CA.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: Four‑unit multifamily property totaling 4,588 square feet; Unit mix includes (2) three bed / two bath and (2) two bed / two bath residences; Every unit includes laundry, a gas fireplace, and an attached garage
